Brunei's Sultan Haji Hassanal Bolkiah has said several important reforms will be taken to fulfil the country's aspiration to diversify its oil and gas-reliant economy, the state Radio Television Brunei reported on January 1st.

Thailand, one of the ten countries with the strongest competitiveness in Southeast Asia, is ready for both opportunities and challenges from the ASEAN Economic Community (AEC), a Thai official has said.

Indonesia, the biggest economy and the only G20 developing nation in Southeast Asia which accounts for about 40 percent of ASEAN’s GDP, has exerted great efforts to prepare itself for the establishment of ASEAN Economic Community (AEC) by the end of this month.